Utah Jazz Rumors | Hoops Rumors

Paul Reed Receives Offer Sheet From Jazz

July 8th, 2023 at 10:32am CST by Arthur Hill

Restricted free agent Paul Reed has signed an offer sheet with the Jazz worth $23MM over three years, according to ESPN’s Adrian Wojnarowski. The Sixers will have until 11:59 p.m. on Sunday to match the offer if they want to keep Reed.

Sources tell Wojnarowski that the offer contains a unique provision that guarantees the first season of the new contract, while the other two will only become guaranteed if his team reaches the conference semifinals in 2023/24. That would total $15.7MM over two years, and Wojnarowski points out that Philadelphia is much more likely than Utah to advance in the playoffs during the upcoming season.

Woj also notes that the Sixers will exceed the $165MM luxury tax threshold if they match Reed’s offer, which would cost them an estimated $14MM in tax penalties. Reed would have the option to veto trades for a year if he stays with Philadelphia.

The Jazz will use their $7.7MM room exception to complete Reed’s offer sheet, tweets Bobby Marks of ESPN. He points out that Utah used its cap space in its trade for John Collins and its renegotiation-and-extension with Jordan Clarkson, whose salary for 2023/24 rose from $14.3MM to $23.5MM.

Reed saw his role expand in his third NBA season as he averaged 4.2 points and 3.8 rebounds in 69 games. He emerged as the primary backup to Joel Embiid as the season wore on and appeared in all 11 playoff contests.

The Sixers are re-signing Montrezl Harrell and are adding free agent center Mohamed Bamba, so Reed’s role might not be as secure if he stays in Philadelphia for another season.

Stein’s Latest: Wood, Saric, Bol, Mavs, Pelicans, Reed

July 7th, 2023 at 10:50pm CST by Rory Maher

Christian Wood and Dario Saric are two of the top unrestricted free agents who have yet to find new teams. There’s a good reason for that, according to Marc Stein at Substack: Both big men have only received contract offers for the veteran’s minimum thus far and are presumably looking for more money.

Stein says Saric will likely land with the Warriors if he’s unable to find a higher-paying offer. The Croatian big man is reportedly Golden State’s top remaining target.

Here’s more from Stein:

The Magic released Bol Bol on Tuesday and he cleared the waiver wire despite having a relatively modest $2.2MM salary. The Suns have a “level of interest” in the 7’2″ big man, according to Stein. John Gambadoro of Arizona Sports 98.7 FM said on Thursday (via Twitter) that he believed Phoenix might “take a hard look” at potentially signing Bol. Jake Fischer of Yahoo Sports reported when Bol was waived that the Suns contemplated trading for him on the night of last month’s draft.
The Mavericks aren’t done reshaping their roster this offseason, Stein reports. Dallas is expected to trade Tim Hardaway Jr. at some point, with JaVale McGee another candidate to be on the move, whether it’s via trade or being waived. Stein also hears Theo Pinson‘s time with the Mavs is likely over. The veteran guard remains an unrestricted free agent.
The Pelicans are just above the luxury tax threshold and have reportedly been active in trade talks for weeks. Like Fischer, Stein hears New Orleans is shopping guard Kira Lewis Jr. and center Jonas Valanciunas, with Lewis’ name surfacing more frequently in recent days. The Pelicans also unsuccessfully attempted to pry Jarrett Allen away from the Cavaliers, according to Stein.
There hasn’t been much buzz about possible offer sheets for restricted free agent Paul Reed, but Stein writes that the Jazz are worth monitoring. However, the Sixers are reportedly keen on retaining Reed, so it’s unclear if that might work out for Utah. The Jazz also already have several frontcourt players, so Reed would be a bit of an odd fit from a roster standpoint.

Hawks Trade John Collins To Jazz For Rudy Gay, Second-Rounder

July 7th, 2023 at 7:37pm CST by Rory Maher

July 7: The trade is official, both teams announced. The second-rounder heading to Atlanta is conditional. It will be Memphis’ 2026 pick and will only convey if it lands between 31 and 42.

June 26: The Hawks are trading forward John Collins to the Jazz in exchange for forward Rudy Gay and a second-round pick, according to ESPN’s Adrian Wojnarowski.

Gay had a $6.48MM player option for 2023/24 that he exercised as part of the deal, his agent Sam Permut of Roc Nation Sports tells Wojnarowski (via Twitter).

Collins had been in trade rumors for multiple seasons, and now he’s finally on the move. Utah will be acquiring Collins using cap room, so the deal can’t be officially completed until July 6.

It’s essentially a salary-dump move to dip under the luxury tax line for Atlanta, much like the Kevin Huerter trade last offseason (the Hawks did get a protected first-rounder for Huerter, but it was mostly to avoid the luxury tax). Collins is owed $78MM over the next three seasons, including a $26.58MM player option in ’25/26.

In addition to significant financial flexibility, the Hawks will also generate a $25.34MM trade exception — equivalent to Collins’ salary for ’23/24 — as part of the deal, Wojnarowski reports. That will be the league’s new largest trade exception, surpassing the $18.1MM TPE the Nets created as part of the Kevin Durant deal in February.

Bobby Marks of ESPN clarifies (via Twitter) that the Collins TPE will be created by Atlanta absorbing Gay’s salary into an existing trade exception, worth $6.29MM. As Anil Gogna of Thread Sports Management tweets, the new CBA has a $250K allowance for TPEs (as opposed to $100K in the old CBA), which is enough to accommodate Gay’s deal.

It’s an interesting buy-low acquisition for the Jazz, who already have Lauri Markkanen, Walker Kessler, Kelly Olynyk and first-round pick Taylor Hendricks in their frontcourt.

Collins had a down season in ’22/23, averaging 13.1 PPG and 6.5 RPG on .508/.292/.803 shooting in 71 games (30.0 MPG). Still, he’s only 25 years old and holds career averages of 15.8 PPG and 8.0 RPG on .551/.356/.783 shooting across 364 games (29.2 MPG). The Jazz will be hoping he can rebuild his value under head coach Will Hardy.

According to Wojnarowski, the two teams have discussed “numerous iterations” of a Collins trade for “over a year,” but Atlanta finally decided to move on due to a salary-cap crunch. The Hawks are expected to remain active in trade conversations and GM Landry Fields has ownership’s permission to go above the tax threshold if it improves the roster, says Woj.

Atlanta’s newfound financial flexibility could be used to negotiate long-term extensions for Dejounte Murray, Onyeka Okongwu and Saddiq Bey, whom Wojnarowski refers to as “core players.”

Gay was a very good player for a long time, but age and injuries seemed to catch up with him last season. He posted career lows in points (5.2), rebounds (2.9) and minutes (14.6) per game in 56 appearances. He’s about to enter his 18th season and will turn 37 in August.

Jazz Renegotiate, Extend Jordan Clarkson’s Contract

July 7th, 2023 at 5:56pm CST by Luke Adams

JULY 7: Clarkson’s renegotiated and extended contract is now official, per the Jazz.

JULY 2: After picking up his 2023/24 option last week to remain in Utah, Jordan Clarkson will commit to the team for a couple more seasons, according to Shams Charania of The Athletic (Twitter link).

Clarkson and the Jazz are finalizing a renegotiation and extension that will give him a raise in 2023/24 and will add two new years to his current contract, his agents at Klutch Sports tell Charania.

The deal will be worth $55MM, Charania adds. Based on the wording of his report, it’s unclear if that $55MM is all new money or if it includes Clarkson’s preexisting $14.3MM salary for 2023/24 — I’d assume the latter unless we hear otherwise, since agents leaking word of an agreement typically frame it in the most flattering light.

As we outlined on Saturday when Domantas Sabonis completed a similar deal with the Kings, contract renegotiations in the NBA are rare, since they can only be completed when a team has cap space and intends to increase a player’s salary rather than reducing it. Like Sacramento with Sabonis, Utah has the cap room necessary to give Clarkson’s current-year salary a bump and negotiate an extension off that new cap hit.

Interestingly, without a renegotiation, the maximum two-year extension Utah could give Clarkson would be worth about $41.5MM — when added to his current $14.3MM salary, that would also work out to just over $55MM.

By forgoing a traditional ascending extension structure and renegotiating his current-year salary to give him an immediate raise, the Jazz may end up paying the veteran guard the same amount of money overall while applying more of it to the 2023/24 cap in order to maximize future flexibility. An extension signed signed as part of a renegotiation can decline by as much as 40% in the first season.

Clarkson, 31, entered Utah’s starting lineup in 2022/23 after coming off the bench as a microwave scorer for most of his nine-year NBA career. In 61 games (32.6 MPG) in 2022/23, he averaged 20.8 points, 4.4 assists, and 4.0 rebounds with a shooting line of .444/.338/.816.

The Jazz, who are acquiring John Collins into their cap room in a trade with Atlanta, still projected to have nearly $15MM in cap room available after completing that deal, per Keith Smith of Spotrac (Twitter link). Whether or not they have more room to operate after the Clarkson renegotiation will depend on how much money they add to his 2023/24 salary, as well as the team’s plans for players on non-guaranteed contracts like Luka Samanic and Vernon Carey.

Clarkson is the third player to agree to renegotiate his contract in 2023, joining Sabonis and Pacers center Myles Turner. Prior to Turner, no player had renegotiated a deal since Robert Covington in 2017.

Jazz Waive Vernon Carey Jr.

July 7th, 2023 at 4:22pm CST by Rory Maher

The Jazz are waiving big man Vernon Carey Jr., reports Michael Scotto of HoopsHype (Twitter link). The move is official, per NBA.com’s transactions log.

The 32nd overall pick of the 2020 draft after one college season at Duke, Carey spent his rookie season with the Hornets, who shipped him to the Wizards at the 2022 trade deadline. He has barely played at the NBA level over the past three seasons, appearing in 37 total games for 187 minutes, including 28 minutes over 11 games with Washington last season.

Carey did have a solid stint with Washington’s G League affiliate, the Capital City Go-Go, in 2022/23. He averaged 20.7 PPG 8.3 RPG, 1.9 APG, 0.9 SPG and 0.9 BPG in 14 regular season games (27.6 MPG).

The 22-year-old was waived by the Wizards at the beginning of March and signed a multiyear deal with the Jazz during the season’s final weekend. His minimum-salary contract for ’23/24 was non-guaranteed, so Utah won’t have any cap charge for releasing him.

And-Ones: Howard, Team USA, F. Jackson, Zikarsky

July 7th, 2023 at 4:01pm CST by Luke Adams

Longtime NBA center Dwight Howard was out of the league during the 2022/23 season, which he spent in Taiwan. However, he still believes he can be a productive player in an NBA rotation, he said during a wide-ranging interview with Zion Olojede of Complex.com.

“I know that there’s at least 15 to 20 teams that I could play for,” Howard said. “And I know there’s teams that got great starting centers, but I know I could be a great backup center. I know I can provide a team with 25 minutes of dominant basketball. And that’s not even scoring, that’s just playing defense, locking people up, protecting the paint, rebounding, and finishing around the basket. I’ve had my fun in the game. I just want to go out like a champ like I’m supposed to.”

Referencing a June interview in which Howard said he’d love to join the Kings, Olojede asked the three-time Defensive Player of the Year which five teams he believes would be good matches for him.

“Okay, you got Miami Heat. You got obviously, the Lakers. The Warriors,” Howard said. “The Kings. But the Kings, I would say the Kings got a couple centers so they probably wouldn’t. But the Kings. The Hawks. I’m from Atlanta, go back home with the Hawks.”

Here are more odds and ends from around the basketball world:

Discussing his roster for the upcoming FIBA World Cup for the first time on Friday, Team USA head coach Steve Kerr said he plans to lean heavily on Knicks guard Jalen Brunson and Nets forward Mikal Bridges. As Joe Vardon of The Athletic writes, Kerr envisions Brunson having “a pretty big role” and intends to rely on Bridges defensively to match up against opponents’ high-scoring wings.
Veteran NBA guard Frank Jackson, who had a brief stint with the Jazz this past season, will continue his career overseas, having signed a deal with French team ASVEL, per a press release. Jackson had appeared in 214 career regular season NBA games since being drafted in 2017.
Rocco Zikarsky, a 7’3″ Australian big man, has decided to forgo a move to the NCAA in favor of joining the Brisbane Bullets as part of the National Basketball League’s Next Stars program, he tells Jonathan Givony of ESPN. Zikarsky, who will turn 17 next week, won’t be draft-eligible until at least 2025, but is considered one of the world’s best basketball prospects, per Givony.
John Hollinger of The Athletic doesn’t want to go so far as to call them the “losers” of free agency, but has questions about the offseason moves made so far by the Raptors, Pelicans, Kings, Trail Blazers, and Nuggets.

Latest On Damian Lillard

July 6th, 2023 at 6:50pm CST by Dana Gauruder

Damian Lillard‘s agent, Aaron Goodwin, confirms that his client only wants to be traded to the Heat, according to Barry Jackson of the Miami Herald.

ESPN’s Adrian Wojnarowski previously reported that Goodwin was attempting to steer his client to Miami while discouraging other teams from pursuing a trade for the perennial All-Star guard. In comments to Jackson, Lillard’s agent responded to that ESPN report.

“I do what I should for my client. Some teams I did call. Other teams have called me,” Goodwin said. “It’s a respectful relationship with most teams. Truthfully, he wants to play in Miami. Period.”

Despite Lillard’s focus on Miami, Trail Blazers general manager Joe Cronin plans to speak with other GMs and team presidents during the Las Vegas Summer League. Still, Goodwin believes Cronin will eventually grant Lillard’s wish, Aaron Fentress of The Oregonian tweets.

“I had a positive conversation with Joe and I made it clear that Damian would want them to sit down and have a meaningful negotiation with Miami.” Goodwin said. “And I think that’s something that Joe and the Blazers will do.”

We have more on Lillard:

So what if Lillard gets traded to another team besides the Heat? A source familiar with his thinking claims that the star guard would hold out, according to Mark Medina of Sportsnaut.com. “He just wouldn’t go,” the source said. “He just wouldn’t report. … I don’t think the other team would trade for him knowing that he doesn’t want to be there.” While it’s possible that source is right about how Lillard would respond to being traded to a non-Heat team, it’s hard not to interpret it as a leverage play, given that Lillard has four years remaining on his contract.
The Jazz made a call to to the Blazers regarding Lillard but didn’t make any type of formal offer, according to ESPN’s Adrian Wojnarowski. Although Utah could dangle draft picks and developing young players for Lillard, he doesn’t fit the timeline for its young core, Wojnarowski points out.
A couple of league sources close to the situation told the Miami Herald’s Anthony Chiang that it wouldn’t be surprising if Lillard remains in limbo for weeks while Portland waits for better trade offers. Lillard’s desire to go to Miami could depresses the market. With the start of training camp still three months away. the Heat don’t have to push the panic button and increase whatever offer they have on the table.
The Sixers haven’t entirely ruled out the possibility of trading for Lillard, but they’ve “consistently underplayed” the odds of it happening, sources tell Kyle Neubeck of PhillyVoice.com.

Mavericks Make Three Additions To Coaching Staff

July 4th, 2023 at 8:01pm CST by Dana Gauruder

The Mavericks have added three assistants to their staff.

Alex Jensen, who had been with the Jazz since 2013, is leaving Utah to join Jason Kidd’s staff, according to Adrian Wojnarowski of ESPN (Twitter link). Bryan Gates is also coming to Dallas as an assistant, Wojnarowski adds in another tweet. Josh Broghamer is another newcomer to Dallas, according to Marc Stein (Twitter link).

Jensen played a major role in Rudy Gobert‘s development, tweets Tim MacMahon of ESPN, noting that rookie big man Dereck Lively should “benefit tremendously” from Jensen’s tutelage.

Prior to his stint in Utah, Jensen was the first coach for the G League Canton Charge.

Gates spent the past two seasons as an assistant with the Suns under Monty Williams. He has also worked as an NBA assistant in Sacramento (2009-10 and 2016-19), New Orleans (2010-15) and Minnesota (2015-16 and 2019-21).

Broghamer comes over from the Cavaliers, where he served as the director of advance scouting and player development. He previously worked for the Bucks when Kidd was their head coach.

The Mavericks let go of three assistants after failing to make the playoffs, Callie Caplan of the Dallas Morning News notes. Lead offensive assistant Greg St. Jean, shooting coach Peter Patton and Quinton Crawford were not retained. Patton has since joined the Bulls’ staff, while Crawford wound up with the Suns.

Trade Rumors: Maxey, Lillard, Jazz, Heat

July 3rd, 2023 at 8:54am CST by Luke Adams

The Sixers‘ stance so far this offseason – as conveyed to multiple reporters – has been that Tyrese Maxey is off the table in trade talks, even for a superstar player. Discussing that subject on the latest Hoop Collective podcast, ESPN’s Brian Windhorst, Tim MacMahon, and Tim Bontemps expressed some skepticism about just how untouchable Maxey really is.

“They want you to know that you can’t have Tyrese Maxey,” Windhorst said. “Prime Michael Jordan is available? Don’t call. 25-year-old LeBron James is available? Lose our number. Giannis Antetokounmpo says, ‘I want to be a Sixer’? If Tyrese Maxey is the ask, just keep walking. … I don’t trust them at all on that, but I will say to you that is what is being said.”

While the Sixers are by no means looking to move Maxey, ESPN’s trio believes the front office’s stance on the young guard would be more malleable than what’s been reported if the team has a legitimate chance to acquire a star, including perhaps Trail Blazers guard Damian Lillard.

As Windhorst and Bontemps observe, while Philadelphia’s plan not to sign Maxey to a rookie scale extension is ostensibly about maximizing cap room in 2024, he would also be easier to trade if he’s not extended, since he wouldn’t be subject to poison pill provision rules in 2023/24.

Here are a few more trade-related rumors and notes:

Although he’s not reporting that any trade discussions have taken place with the Trail Blazers or that the Jazz will make a run at Lillard, MacMahon said on The Hoop Collective podcast that he has heard Utah is “intrigued by the possibility” of acquiring the All-Star guard, confirming previous reports. MacMahon, Windhorst, and Bontemps ultimately believe the Jazz aren’t ready to make significant deal for a win-now player who’s about to turn 33, but they note that Lillard has a connection to Utah, having played his college ball at Weber State, and the Jazz’s collection of future first-round picks would dwarf what Miami could offer.
At the trade deadline, the Jazz‘s position was that Lauri Markkanen, Walker Kessler, and Ochai Agbaji were their only players who were off the table in trade talks, according to MacMahon, who believes that if Utah did pursue a star this offseason, Markkanen and Kessler would be the only untouchables.
Appearing on NBA TV (Twitter video link), Ira Winderman of The South Florida Sun Sentinel says the Heat are willing to discuss anyone except their two All-Stars as they negotiate a possible deal with Portland for Lillard, who wants to play in Miami. “Put it this way, they basically have loaded up one of those PODS dumpsters in front of the Trail Blazers and said, ‘Take anyone out of here you want besides Bam Adebayo and Jimmy Butler,'” Winderman said. “Maybe they’ll go back and forth on Caleb Martin a little, but it’s basically, sort of, ‘Come and pick and choose. Tell us what you want. Anything else is yours.’ The Heat are all-in on this. This is their moment. There’s a reason they didn’t go hard after Bradley Beal. There’s a reason they held off on some other moves. This is their play.”

Jazz Sign All Three First-Round Picks

July 2nd, 2023 at 4:57pm CST by Dana Gauruder

The Jazz have signed their three first-round picks — forward Taylor Hendricks, guard Keyonte George, and forward Brice Sensabaugh — to rookie scale contracts, according to a team press release.

Hendricks, the No. 9 overall pick, will make $5,569,920 in his first season. He’ll bank $25,351,580 over the life of the four-year contract. The UCF product averaged 15.2 points, 7.0 rebounds and 1.7 blocks in 34.7 minutes during his only college season.

George will receive $3,889,800 in his first season. The four-year contract is worth $18,816,885.

The No. 16 pick started 33 games for Baylor in his lone collegiate season and averaged 15.3 points, 4.2 rebounds, 2.8 assists, and 1.1 steals in 28.7 minutes per game. He was named the Big 12 Freshman of the Year.

Sensabaugh, taken with the 28th pick out of Ohio State, will bring in $2,448,600 as a rookie. The four-year deal is worth $12,576,077. He appeared in 33 games last season and averaged 16.3 points. 5.4 rebounds, and 1.2 assists in 24.5 minutes per game.

First-round picks virtually always sign contracts worth 120% of their rookie scale amount and the above figures represent those amounts. Rookie scale contracts are guaranteed for the first two years, with team options on the third and fourth years.